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Hoss Delgado (hoss@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:13:16 JST Hoss Delgado
A pension fund pays out distributions from a managed pool of investments. Social Security pays out distributions from a pool of money taxed from people still pulling down paychecks. That's a ponzi scheme. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:19:50 JST Hoss Delgado
>Broke millennials and zoomers being forced to pay tribute to boomers with multiple properties and million-dollar retirement accounts is a le good thing because the seventy gorillion brownoids the boomers imported to keep the scam going until they croak will definitely keep it running until you reach retirement age. -
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meso (meso@new.asbestos.cafe)'s status on Saturday, 29-Mar-2025 15:19:51 JST meso
@Hoss that's how pensions work. the government should be paying out pensions in a world where families are in disarray and everyone's piss poor -
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gentoobro (gentoobro@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:23:45 JST gentoobro
That's exactly not how pensions work. Pensions are where a company or government saves or invests some portion of your earnings in order to pay it back later. It's a savings account for people who are too retarded to handle saving money (which is a lot of people).
What inevitably happens though is that the pension fund is looted one way or another and the whole thing turns into a Ponzi scheme. The Boomers looted the SS pension fund (anyone remember Al Gore and his Lock Box?) and now there's no money in it so they're passing the payments of young people directly to the old people (Ponzi scheme).
Hoss Delgado and ✙ dcc :pedomustdie: :phear_slackware: like this. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:31:56 JST Hoss Delgado
>Haha stupid Americans why can't you do anything right like us enlightened Europeans wait wait what are you doing what do you mean you're pulling your military out wait please don't go you need to subsidize my national defense because I'm suddenly heckin' terrified of Putler even though I said Russia was irrelevant last week NOOOOOOOO WAIT AMERICA NOOOOOO COME BACK HERE CHUD!
:marseysoycry:✙ dcc :pedomustdie: :phear_slackware: and pistolero like this. -
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meso (meso@new.asbestos.cafe)'s status on Saturday, 29-Mar-2025 15:31:57 JST meso
@gentoobro @Hoss kek every other country in the world does pensions right they pay old people money when they cant work anymore this is solely an issue of america refusing to do anything like normal people despite being one of the most unfree countries in the world government control wise. you guys even use the social security numbers as ID numbers because IDs bad or something even doe you're controlled like nigger cattle over there -
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meso (meso@new.asbestos.cafe)'s status on Saturday, 29-Mar-2025 15:31:58 JST meso
@gentoobro @Hoss how would a nigga loot a pension fund please take your meds
the whole thing's a psyop about dismantling a pension system for poor people so that still-going-to-be-taxed money can go to subsidies for the rich instead -
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gentoobro (gentoobro@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:31:58 JST gentoobro
The special government securities come in two types: short-term certificates of indebtedness, which mature on the following June 30, and bonds with a term of one to 15 years. The short-term certificates and bonds issued to the Social Security trust funds are not traded in the bond market or available to the public. Like other Treasury securities, however, they are backed by the full faith and credit of the U.S. government.
https://www.investopedia.com/ask/answers/110614/how-social-security-trust-fund-invested.asp
By the slightest amount of smoke and mirrors, to fool people who are completely economically illiterate.
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gentoobro (gentoobro@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:32:54 JST gentoobro
What even is punctuation?
Everywhere else either A) doesn't loot their pension fund (I'm not aware of a place like this, but it's included for completeness), or B) is also a Ponzi scheme and will also collapse in due time, some sooner than others.
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Hoss Delgado (hoss@shitpost.cloud)'s status on Saturday, 29-Mar-2025 15:35:16 JST Hoss Delgado
All the socialized programs in Bongland have been looted to the point of non-functionality after a decade of rapefugee invasion. -
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meso (meso@new.asbestos.cafe)'s status on Saturday, 29-Mar-2025 15:43:54 JST meso
@gentoobro @Hoss meds prettygood likes this. -
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gentoobro (gentoobro@shitpost.cloud)'s status on Saturday, 29-Mar-2025 16:23:13 JST gentoobro
That merely accelerated the matter. Retirement ages are far too low, native fertility rate is below replacement (much less actively growing), and modern end-of-life let-me-spend-my-kids-inheritance-to-cling-on-to-three-more-miserable-years-of-nursing-home-existence medical costs are astronomical. From a financial perspective, the migrants probably only worsened the problem by a handful of years.
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meso (meso@new.asbestos.cafe)'s status on Sunday, 30-Mar-2025 12:27:08 JST meso
@sapphire @Hoss @gentoobro Gigatrvke, that's a private one thovghbeit Hoss Delgado likes this. -
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sapphire (sapphire@shortstacksran.ch)'s status on Sunday, 30-Mar-2025 12:27:09 JST sapphire
@meso @Hoss @gentoobro >how would a nigga loot a pension fund
Literally ask the employees of Nortel
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